secwatch.observer — SEC 8-K summary
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Issuer:     Breeze Acquisition Corp. II (BREZ)
CIK:        0002095443
Form:       8-K
Filed at:   2026-08-29T00:15:23+00:00
Accession:  0001213900-26-095265
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Breeze Acquisition Corp. II restates May 14, 2026 balance sheet; $1.15M reclassified as receivable
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- Audit Committee concluded May 14, 2026 balance sheet should no longer be relied upon due to accounting error for legal advisor fees.
- Company recorded $1,957,000 accrued expenses, $93,000 APIC, and $1,150,000 offering costs; advisors performed no services, so $1.15M should be receivable.
- Restatement will exclude accrued expenses and APIC, reclassify $1.15M as receivable from Sponsor.
- Material weakness in internal control over financial reporting related to contract review; remediation plan implemented.
- Restated financials to be filed in amendment to 8-K and in Q2 10-Q.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2095443/000121390026095265/0001213900-26-095265-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2095443/000121390026095265/ea0303565-8k_breeze2.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-095265

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